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Oct 10, 2012
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a little more defensive there. >> lee, if, in fact, we're talking about slowdown in production but a rise in consumption in china, why would you buy caterpillar right now? >> well, first of all, i think we have to remember you look at a yum brand that has 40, 45% of their earnings coming from china. caterpillar has a very low amount of earnings directly from china. everybody on the street agrees that caterpillar moves with our expectation of how good china will grow. but caterpillar is just starting that growth stage versus yum. it already has so much riding on the chinese economy. the other guest, i hear you. if you think that deceleration is not going to be a problem, that's fine. i would rather go with a company that has a game to win versus a game to lose. yum is extremely dependent. that company structure is dependent on china working out. i wouldn't necessarily disagree or agree with having that stock. but caterpillar has much less of their actual earnings coming from that middle kingdom. so if we have a hard landing, if it's worse than we expect, caterpillar will still be a go
a little more defensive there. >> lee, if, in fact, we're talking about slowdown in production but a rise in consumption in china, why would you buy caterpillar right now? >> well, first of all, i think we have to remember you look at a yum brand that has 40, 45% of their earnings coming from china. caterpillar has a very low amount of earnings directly from china. everybody on the street agrees that caterpillar moves with our expectation of how good china will grow. but caterpillar...
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Oct 10, 2012
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steve jobs looked at situations like that and he got defensive. he was basically the hell with you. >> got defensive, people got angry and the stock would take momentary hits that would leave buying opportunities for the rest of us, but created hits. people made fun of him, consumer reports was trashing steve jobs as you remember over the antenna problems and the construction jobs was out there blaming all the 1,000 people in the auditorium in the ballroom saying it was caused by their interference of their own wireless systems. he had everybody turn it off, the lights off in the theater have everybody look at everybody else and he couldn't get it to work. and it took him about 40 days to respond to an antenna problem blaming the users all the time, saying we have a problem with maps, we're going to fix it. that speaks for a lot. it's very impressive. the ceos of mattell and other great companies, we've seen them take responsibility when there's problems. that's encouraging. yo ur lo you're looking at -- people were complaining about that weekend
steve jobs looked at situations like that and he got defensive. he was basically the hell with you. >> got defensive, people got angry and the stock would take momentary hits that would leave buying opportunities for the rest of us, but created hits. people made fun of him, consumer reports was trashing steve jobs as you remember over the antenna problems and the construction jobs was out there blaming all the 1,000 people in the auditorium in the ballroom saying it was caused by their...
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Oct 10, 2012
10/12
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MSNBCW
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one-fourth of one day's worth of defense spending. at the same time, to make overall defense spending go like this. because, you know, they are the numbers guys. math. measure the growth of chn by the way they clean themselves in the bathroom. try charmin ultra strong. with a new duraclean texture, it helps you get clean. plus it's four times stronger than the leading value brand. and you can use up to four times less. charmin ultra strong. [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance company, we understand that commitment. and always have. so does aarp, an organization serving the needs of americans 50 and over for generations. so it's no surprise millions have chosen an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-po
one-fourth of one day's worth of defense spending. at the same time, to make overall defense spending go like this. because, you know, they are the numbers guys. math. measure the growth of chn by the way they clean themselves in the bathroom. try charmin ultra strong. with a new duraclean texture, it helps you get clean. plus it's four times stronger than the leading value brand. and you can use up to four times less. charmin ultra strong. [ male announcer ] it started long ago. the joy of...
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Oct 10, 2012
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maybe i'm being too defensecy for ba defensive for ballmer but people don't like the software, they don't like the hardware. intel is a 22 -- >> 352-week low yesterday. >> yeah, not just ballmer. the fault is not necessarily in ballm ballmer. it could be in the service. >> absolutely. when we come back, apple expected to launch the ipad mini later this month but is smaller better? we'll explore the pros and cons. >>> but first -- ♪ >> coming up, cramer has stocks to critique, and he has just seconds to do it. ♪ in 60 and he knows it find out if he can, when "squawk on the street" returns. smart comes with 8 airbags, ♪ in 60 and he knows it and the world's only tridion safety cell which can withstand over three and a half tons. with can ♪ [ male announcer ] the exceedingly nimble, ridiculously agile, tight turning, fun to drive 2013 smart. ♪ tight turning, fun to drive 2013 smart. at the guaranteed's lowest price.attresses plus, pay no interest for 3 years on the best brand-name mattress sets. get your best rest ever from sleep train. ♪ your ticket to a better night's sleep ♪
maybe i'm being too defensecy for ba defensive for ballmer but people don't like the software, they don't like the hardware. intel is a 22 -- >> 352-week low yesterday. >> yeah, not just ballmer. the fault is not necessarily in ballm ballmer. it could be in the service. >> absolutely. when we come back, apple expected to launch the ipad mini later this month but is smaller better? we'll explore the pros and cons. >>> but first -- ♪ >> coming up, cramer has...
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Oct 10, 2012
10/12
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CNBC
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the state department last night came out with whatever it is, defensive statement, whatever. but their spokesman said with great clarity that there was no protest about a videotape that everyone's talked about. in effect, that undermines the susan rice story, undermines hillary and president obama. this is from the state department. this is what we've known. this is a cover-up or a falsehood or something that is going to blow up. >> reporter: i don't know about blow up, larry. but susan rice was wrong. the president was wrong. hillary clinton was wrong when they said weeks ago what they said. state department now acknowledges that. but the white house insists it never intentionally lied. they say they told the truth as they knew it all along. >> we're going to leave it there. steve handelsman, thanks very much. there wasn't a riot over some youtube videotape. it was an organized terror attack. and, yes, inadequate security. so the question is, what did the president and hillary clinton know and when did they know it? with all this sworn testimony, this really does smell of a
the state department last night came out with whatever it is, defensive statement, whatever. but their spokesman said with great clarity that there was no protest about a videotape that everyone's talked about. in effect, that undermines the susan rice story, undermines hillary and president obama. this is from the state department. this is what we've known. this is a cover-up or a falsehood or something that is going to blow up. >> reporter: i don't know about blow up, larry. but susan...
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Oct 10, 2012
10/12
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CNN
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> mitt romney has reason to feel good about his campaign, where it is right now, after weeks on the defensive. as we noted he's rising in the polls, and seeing more enthusiasm inside the party and out on the campaign trial. one good night goes a long way but one good night does not amount to a free pass. many of the tough questions that he was facing before the debate remain on the table afterwards, and some of his answers during the debate are raising new questions. wolf blitzer spoke at length today with the republican candidate. here's a portion of that interview. >> were you surprised by the president's performance? >> i actually thought he described pretty appropriately and pretty effectively his policies. i just happen to disagree with those policies. we talked about the economy, he really is not proposing anything he hasn't talked about for the last four years. i think the challenge that he has is that his ideas are just not demonstrating the kind of results he would hope for, and people recognize that. >> are you confident, governor, that paul ryan will take on joe biden thursday nigh
> mitt romney has reason to feel good about his campaign, where it is right now, after weeks on the defensive. as we noted he's rising in the polls, and seeing more enthusiasm inside the party and out on the campaign trial. one good night goes a long way but one good night does not amount to a free pass. many of the tough questions that he was facing before the debate remain on the table afterwards, and some of his answers during the debate are raising new questions. wolf blitzer spoke at...
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Oct 10, 2012
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he wants to spend on defense. he gave a speech to the virginia military institute where he talked about if i'm president i'll buy 11 ships and including three submarines. that's a lot of money. >> the admirals don't even want the ships. just the military industrial complex wants to make the ships. >> do you want to take this one? >> you got the line. we're going to rebuild spending on the homeland. >> my bad, yeah. >> in all seriousness. >> because al qaeda's got the submarines threatening. >> governor, you're an elected official. you know when you run on a plan, you can't get -- there's a danger in getting so specific up front that you give away the house before you've even been elected into office. so mitt romney has laid down the principles by which he's going to govern and also banking on economic growth that is factored into the numbers that the cbo uses when they project out the fact check. >> just because mitt romney gets elected president doesn't mean we're going to grow like china. we might get back to 2.
he wants to spend on defense. he gave a speech to the virginia military institute where he talked about if i'm president i'll buy 11 ships and including three submarines. that's a lot of money. >> the admirals don't even want the ships. just the military industrial complex wants to make the ships. >> do you want to take this one? >> you got the line. we're going to rebuild spending on the homeland. >> my bad, yeah. >> in all seriousness. >> because al qaeda's...
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Oct 10, 2012
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the defensive, probably the defensive player of the year. we should've done a better job of accounting for the year and just don't throw in that area or throw extremely high. 6'6", and he can jump 30 inches. he's probably 15 feet. and he tipped one that would have been a touchdown and normally there's probably only two or three players in the league that could've made that play, the defensive play. >> he played pretty well. but, 48% and he's under 50% and completions and then 31st in the league or something. for quarterback rating, is there any slightest wavering in either you or rex ryan in terms of whether to just try to start tebow season? >> no. >> no. >> there will never be no matter what? >> never is a long, long time period. but i see the same things in mark sanchez that i saw when i first met him. he's still a young quarterback. this is a very, very -- probably the most difficult position athletically and mentally that there is in all of sports. everybody's trying to deceive you and -- >> yeah. the running game. >> and the other guys
the defensive, probably the defensive player of the year. we should've done a better job of accounting for the year and just don't throw in that area or throw extremely high. 6'6", and he can jump 30 inches. he's probably 15 feet. and he tipped one that would have been a touchdown and normally there's probably only two or three players in the league that could've made that play, the defensive play. >> he played pretty well. but, 48% and he's under 50% and completions and then 31st in...
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Oct 10, 2012
10/12
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CNNW
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and that was always his defense. i did the tests, they knock on my door in the middle of the night, they come in, i do the test, i always pass. one of his former teammates said, well, i was cheating and i passed hundreds of tests as well. they have so much evidence against him. here is the list. they say they have eyewitness, documentary, firsthand, scientific, direct and circumstantial evidence and testimony from 11 former teammates. they have got 15 riders on record, 26 people in total have given sworn testimony. it doesn't look at all good for lance, does it? >> it doesn't at all, especially when he's quoted from this usada statement. lance armstrong was given the same opportunity to come forward and be part of the solution. he rejected it. what have we heard. what has cnn heard from lance armstrong or his attorney? >> he had the opportunity earlier this year to fight the charge. he said no. he basically thinks it is a witch-hunt, a kangaroo court. he thinks he can't win anyway. he thinks the whole system is set u
and that was always his defense. i did the tests, they knock on my door in the middle of the night, they come in, i do the test, i always pass. one of his former teammates said, well, i was cheating and i passed hundreds of tests as well. they have so much evidence against him. here is the list. they say they have eyewitness, documentary, firsthand, scientific, direct and circumstantial evidence and testimony from 11 former teammates. they have got 15 riders on record, 26 people in total have...